Gender Pay Gap Report – UK

一个nglo American is a global mining business, headquartered in the UK, and the majority of the senior leadership team is UK-based. The gaps shown below are largely attributable to the fact that more men than women are working in more highly paid, senior roles.

一个t the snapshot date of 5 April 2021, Anglo American Services (UK) Limited comprised of:

• 一个UK workforce of 334 employees of which 44% were men and 56% were women;
• 一个lthough there has been a significant improvement year-on-year, the senior management population was made up of a substantially higher proportion of men (71%) than women (29%);
• 一个44% mean and 36% median UK hourly pay gap. (2020: 47% mean and 36% median).

Metric 3 ranks Anglo American’s 334 UK employees’ hourly pay from lowest to highest and then splits the number of employees into equally sized groups. Reflecting the hourly pay gap described above, this chart shows that there has been little change year-on-year in the upper quartile, where the percentage of women remained static at 30%, however, the percentage of women in the upper middle quartile continued to increase year on year from 47% to 54%. Proportionally there remains more male employees than female employees in the higher pay quartiles.

一个nglo American’s UK performance pay schemes operate irrespective of gender, with the majority of UK employees eligible to receive variable bonus pay during the year. 2021 saw 84% of male and 80% of female employees receive a bonus.

The factors driving the bonus pay gap are the same as for the hourly pay gap shown in metrics 1 and 2, being the imbalanced gender composition across the more senior roles in our UK headquarters. Variable performance pay structures for the most senior employees differ from those of the wider workforce, thereby further widening the gap. The decrease in the mean bonus pay gap for 2021 reflects the increasing proportion of female employees in more senior roles recognising there will be a lag given the vesting period for bonuses.